Peak XV-Backed Arta Finance Gets MAS License to Launch Wealth Platform

Arta Finance, a U.S.-based digital family office for accredited investors, announced it has received a Capital Markets Services license from the Monetary Authority of Singapore.

The platform will be open for Singaporean residents and other investors later this year. Those interested can join the waitlist here.

This launch follows Arta’s expansion of its product offerings and its exit from stealth in 2022, backed by more than S$120 million from investors including Peak XV, Ribbit, and Coatue.

Arta Finance provides access to financial strategies and investment opportunities typically available only to the ultra-wealthy.

The company offers access to alternative assets, liquidity through credit lines, and AI-driven investing in public markets.

Members will be able to benefit from Arta’s ecosystem of financial and lifestyle professionals, aiming to reduce administrative burdens and high fees.

Arta members can access alternative investments like private equity and venture capital, starting with investments from S$10,000.

It also uses AI to create personalised, automated portfolios, enabling direct indexing for risk management.

The platform runs on Google Cloud and employs advanced encryption as well as biometric and hardware-based authentication measures.

With dual-headquarters in Singapore and the U.S., Arta has partnered with BNY Pershing to provide custody services.

“Singapore’s rise as a global capital of wealth makes it an ideal location for innovation and financial technology. Launching Arta in Singapore allows us to serve investors globally through this highly trusted financial hub.

 

At Arta, we aim to democratise access to high-powered financial strategies, ensuring the wealth management tools of the ultra-wealthy are available to a wider audience. We are excited to bring these financial superpowers to many more people through our launch in Singapore.”

said Caesar Sengupta, CEO and Co-Founder of Arta Finance.

“Combining advanced financial strategies with AI is the type of visionary thinking that brings about real step-function change.

 

I am so impressed with what Arta has built by applying advanced AI and ML to investing strategies and look forward to seeing this fantastic team create tremendous value for so many people,”

said Eric Schmidt, Co-Founder of Schmidt Futures and Former CEO & Chairman of Google.